The center of public attention at the 2014 Worldwide Developers Conference (WWDC), Apple focuses on software and service releases and did not introduce new hardware as expected. Related Taiwan concept stocks bowed to sales pressure on profit taking and moved lower.

Institutional investors stated, Apple’s announcement of software and app services not only foreshadows the arrival of wearable devices, it also signals tighter hardware and cloud integration. This highlights the coming trend of internet, smart home, and wearable device integration and related concept stocks in the next wave of emerging industries.